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alamo real estate loan: Previous Short Sale? How soon can you get a loan??? - 02/24/10 05:01 PM
All of us in the real estate industry are acutely aware of the short sale phenomenon which has been prevalent for the past few years and is still going strong. The decline in home values have prompted many home owners to either negotiate a payoff for less than the amount they owe or even worse, to walk away altogether.
                While many home owners have fallen into this dilemma as a result of poor financial management, there is a distinct group who are forced into the short sale arena through nothing but bad luck. For instance, a home owner may be … (4 comments)

alamo real estate loan: The Opportunity to Deleverage your Mortgage Debt - 01/19/10 12:56 PM
The Consumer is starting to deleverage and personal savings rates are nearing 5%. There are a few things affecting this occurrence:  1) Consumers fearing the stagnation of the economy have chosen to simply pay down debt and get their financial house in order and/or 2) Credit Card companies have been aggressively slashing available credit lines thus lowering the ability of consumers to increase their balances.  In either case I think it is prudent for households to lower their overall debt loads and prepare for the future.  It is hard to make any headway in investing when you are servicing a large … (0 comments)

 


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